Information Matters

Data-Driven Innovation in the UK

Analysis

How UK Start-ups are building data-driven business models

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UK Data-Driven survey "Data-driven innovation forms a key pillar in 21st century sources of growth" - OECD I recently completed a survey of more than 1000 UK-based start-ups that were using data to create innovative products and services. Just over 500 of these firms could be said to be data-driven in that data was a core component of their business models. A detailed … [Read more...] about How UK Start-ups are building data-driven business models

Best Practices for Building a Data-Driven Business Model

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The phrase, "Data is the New Oil" is widely used but how are companies actually using data to create new and innovative business models? This post explores some of the ways data is being commercially exploited and explains what companies should do which are considering developing data-driven business models.   Google and Facebook have shown how the data which flows across the … [Read more...] about Best Practices for Building a Data-Driven Business Model

Building a Data-Driven Business Model

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Data-Driven Business Models Although we are awash with data, making money from it is not always straightforward. Low barriers to entry and the commoditization of many data sources mean that creating and then sustaining a profitable data-driven business model is a considerable challenge. My current research into the business models of over 500 startups and high-growth, … [Read more...] about Building a Data-Driven Business Model

The IoT Hype Cycle

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The IoT Hype Cycle We know that last year Gartner placed the IoT at the Peak of Inflated Expectations on its annual hype cycle chart. That is probably not too unfair. From there the only way is down to the Trough of Disillusionment. I was playing around with Google Trends this afternoon to see how this plays out in terms of what people are searching for. Several … [Read more...] about The IoT Hype Cycle